Review of the Fund's Income Position for FY 2015 and FY 2016

Review of the Fund's Income Position for FY 2015 and FY 2016
Author :
Publisher : International Monetary Fund
Total Pages : 47
Release :
ISBN-10 : 9781498344784
ISBN-13 : 149834478X
Rating : 4/5 (78X Downloads)

Book Synopsis Review of the Fund's Income Position for FY 2015 and FY 2016 by : International Monetary Fund

Download or read book Review of the Fund's Income Position for FY 2015 and FY 2016 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-06-04 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: FY 2015 net income is now projected at SDR 1.5 billion. Lending continues to be the main source of income, although advance repurchases have lowered projected lending income in FY 2015 by SDR 0.3 billion. Investment income remains constrained in the low interest environment but the returns were somewhat stronger than projected. A revaluation of pension obligations, required under accounting standard IAS 19 and stemming from a further fall in the discount rate, is projected to entail an adjustment to FY 2015 net income of about SDR 0.8 billion. The paper proposes that GRA net income of SDR 1.3 billion, which excludes the retained earnings of the gold endowment, be placed to the special reserve.* After the placement to reserves, precautionary balances are projected at SDR 14.0 billion at the end of FY 2015. The paper further proposes to retain currencies available for transfer to the Investment Account in the GRA, pending completion later this year of the Board’s review of the mandate for the Fixed-Income Subaccount.

Review of the Fund's Income Position for FY 2015 and FY 2016 Related Books

Review of the Fund's Income Position for FY 2015 and FY 2016
Language: en
Pages: 47
Authors: International Monetary Fund
Categories: Business & Economics
Type: BOOK - Published: 2015-06-04 - Publisher: International Monetary Fund

GET EBOOK

FY 2015 net income is now projected at SDR 1.5 billion. Lending continues to be the main source of income, although advance repurchases have lowered projected l
Review of the Fund's Income Position for FY 2017 and FY 2018
Language: en
Pages: 49
Authors: International Monetary Fund. Finance Dept.
Categories: Business & Economics
Type: BOOK - Published: 2017-05-30 - Publisher: International Monetary Fund

GET EBOOK

The Fund’s total net income for FY 2017, including surcharges, is projected at about SDR 1.7 billion or some SDR 0.7 billion higher than expected in April 201
The Fund's Income Position for FY 2015 - Actual Outcome
Language: en
Pages: 8
Authors: International Monetary Fund. Finance Dept.
Categories: Business & Economics
Type: BOOK - Published: 2015-09-09 - Publisher: International Monetary Fund

GET EBOOK

This paper reports the Fund’s income position for FY 2015 following the closing of the Fund’s accounts for the financial year and completion of the external
Review of the Fund's Income Position for FY 2018 and FY 2019-20
Language: en
Pages: 52
Authors: International Monetary Fund. Finance Dept.
Categories: Business & Economics
Type: BOOK - Published: 2018-06-13 - Publisher: International Monetary Fund

GET EBOOK

"The Fund’s total net income for FY 2018 is projected at about SDR 0.7 billion, broadly in line with the April 2017 estimate. The projections for total lendin
The Fund's Income Position For FY 2016
Language: en
Pages: 8
Authors: International Monetary Fund. Finance Dept.
Categories: Business & Economics
Type: BOOK - Published: 2016-08-26 - Publisher: International Monetary Fund

GET EBOOK

This paper reports the Fund’s income position for FY 2016 following the closing of the Fund’s accounts for the financial year and completion of the external